Reborn in 08, Public Enemy of Competitors

Chapter 108 Show Your Sword

As Lingyun Technology's business grew, it rented another floor in the Jinsha Century Building.

Accompanied by Du Manqing, Shen Mo inspected the departments that had already moved in, including WePay and PalmJoy Games.

"How are you doing? Are you adjusting well?"

"fine."

Du Manqing was dressed very smartly, unlike her usual sweet and charming self.

"Although there were some things I had to learn on the spot, it was a very fulfilling learning experience, just like when I was drawing design drafts. It was very interesting."

"That's good. Keep an eye on my wallet for me."

Shen Mo winked playfully, then went to the office area of ​​WePay.

Sun Tongyu, along with the core team of WePass, lined up to welcome them, their faces beaming with enthusiastic smiles.

"Mr. Shen, let me introduce you."

"This is Xiang Long, former president of QuickPass, and now vice president of our WePass."

"This is IQ, our CF0. I brought him here from Taiwan. He was previously a senior executive at Goldman Sachs Asia."

"Shen Sheng, hello, hello."

When Ai Kun extended his hand, his smile was just right, and his Mandarin had a distinct Hong Kong accent.

Shen Mo pressed further, "Mr. Ai worked at Goldman Sachs, so you must have experience with overseas financing and IPOs, right?"

"I know a little, I know a little."

Iain said, "In addition to overseas financing and listing of mainland companies, I am also good at offshore structure building and VIE financial processing."

Shen Mo smiled and said, "With you here, I feel much more at ease about the finances at WePass and the future IPO."

Following that, Sun Tongyu introduced everyone to the senior management of WePass.

"I'm sure Mr. Sun has already explained WePass's equity incentive and reward/punishment system to you."

"Do a good job. I'm always fair in rewarding and punishing people."

"Soon, third-party payment licenses will be issued. I believe that with the transaction volume of Pinduoduo and YiTao G0, WePay will definitely be one of the first payment companies to obtain a license."

"Yes, Mr. Shen!"

Everyone agreed in unison.

As Shen Mo walked, he said, "Can the technology keep up? Is the integration of Pinduoduo and YiTao G0's payment interface going smoothly?"

'

"We've already done one round of load testing."

Xiang Long said, "Peak capacity is not a problem. The underlying architecture of Micro Flash Pay is the same as the original Flash Pay system architecture, but the fund clearing and settlement links need to be re-organized according to your requirements. We will conduct another full-link gray-scale test before implementation."

Shen Mo nodded in satisfaction, and the group entered the conference room, closed the door, and began a small meeting.

Sun Tongyu said, "President Shen, recently Jack Ma and Zhifubao are plotting against us and WePay."

Xiang Long asked, "Where did President Sun get this information?"

Sun Tongyu said with a solemn expression, "Recently, Ali has been purging and dealing with a group of old members of the China Supply Iron Army. It just so happens that our Pinduoduo ground promotion team is recruiting people, and that's how we found out."

Shen Mo asked, "Did they say how Jack Ma plans to deal with us?"

Sun Tongyu gritted her teeth: "Zhifubao is secretly trying to force Ali and Taobao merchants to choose sides. If anyone doesn't use Zhifubao for settlement, their promotional resources will be weighted lower."

"Damn it!"

Xiang Long and the others were so angry that they couldn't help but slam their fists on the table.

"This is an implicit choice between two options, existing only in words, without any substantial evidence."

Lin Qingyan said helplessly, "Even if some businesses are willing to stand up and expose this, it's difficult to intervene directly. At most, we can only use media and public opinion."

Shen Mo stroked his chin. "Ali merchants must use Zhifubao, and Paipai.com and QQ Mall must prioritize using Tenpay. So, besides Pinduoduo, the only other platforms that WePay can connect to are Jingdong, Vancl, and Amazon China."

Ai Kun said, "Yes, although our annual fee is cheaper than Zhifubao and Tenpay, only 0.5%, the size of Taobao and Tencent is there, and no one is willing to offend them. I'm afraid that WePass will only be able to survive in the cracks in the short term."

Damn it, is Jack Ma never going to stop?!

Shen Mo smacked his lips. It was YiTao vs. YiTaoGO, Taobao Mall vs. Pinduoduo, and now it's Zhifubao vs. Weishanfu.

You've expanded the battlefield to the payment market; it seems you really want to fight me to the death!

"That's nothing compared to what I'm most worried about right now: the approval of third-party payment licenses."

Xiang Long sighed: "What if Jack Ma uses Ali's influence to persuade the banks, even if it's just to create some obstacles in the procedures—"

"I'll figure something out!"

Sun Tongyu snorted coldly, "Back then, I was the one who got the connection between Taobao and the banks sorted out! He had connections, and so did I!"

"Then I'll have to trouble you. If necessary, I'll go with you."

Shen Mo pursed his lips.

The reason I let YiTaoG0 and Pinduoduo support small and medium-sized enterprises and help farmers and alleviate poverty is just to give myself a get-out-of-jail-free card!

Now that we're officially registered, we can't just let Jack Ma bully us!

But simply not being bullied isn't enough; taking a step back only makes you angrier, and enduring it only makes you feel like you've lost out.

"That's not enough. We need to take the initiative and make things difficult for Zhifubao and Ali."

"Attack? Mr. Shen, it's Jack Ma who's attacking now."

Xiang Long and the others looked at each other in bewilderment.

"Our Lingyun Technology doesn't know anything else, all we know is how to attack."

"When two armies meet on a narrow path, the brave will prevail. Don't be afraid just because Ahri started a few years earlier than us."

"Even if Lingyun walks into a tiger's mouth, we'll still knock out a few of Ahri's teeth!"

Shen Mo's words ignited everyone's passion and rekindled their morale.

"Mr. Shen, please tell us what we should do!"

"We're going to file a complaint!"

"Complain? Complain to higher authorities?"

"No!"

Shen Mo grinned and said, "You're complaining to foreigners."

The meeting room fell silent, and everyone's faces were filled with questions.

Shen Mo asked, "Besides Jack Ma and Alibaba Group, are Yahoo and SoftBank also major shareholders of Zhifubao?"

Sun Tongyu nodded, then suddenly realized: "The application for a third-party payment license clearly stipulates that if Zhifubao is not a 100% domestic company, it will not be able to pass the review."

Shen Mo pressed further, "Based on your understanding of Jack Ma, what do you think he would do?"

Sun Tongyu said, "Jack Ma and his team are very shrewd. They will definitely take the risk and secretly separate Zhifubao's assets from the Alibaba system and transfer them to a domestically controlled company without the knowledge of Yahoo and SoftBank."

"That would constitute asset transfer and infringement of shareholder rights."

Lin Qingyan said, "If Yahoo and SoftBank obtain evidence, they can claim that the board resolution is invalid and even hold management accountable."

"Snapped!"

Sun Tongyu slammed her hand on the table. "We can take this to Yahoo and SoftBank and let them deal with Jack Ma and Zhifubao."

Shen Mo snapped his fingers: "That's right. With the current size of Pinduoduo and WePay, we can't directly shake Taobao and Zhifubao from the outside, but we can create chaos within Ali."

"If they attack from the outside, they won't be able to kill them quickly."

Du Manqing's eyes lit up, and she casually quoted a line from "Dream of the Red Chamber".

"Even a centipede with a hundred legs will not fall down when dead." It must first destroy itself from within before it can be utterly defeated.

That's exactly what I meant.

Shen Mo met her gaze and smiled.

Xiang Long gave a thumbs up: "Using someone's strength against them! Brilliant! President Shen, absolutely brilliant!"

Shen Mo looked at Sun Tongyu, "You should still have some old subordinates in Ahri, right? Taking advantage of the layoffs and the resulting panic, you could..."

Those people helped gather intelligence and collect materials, then anonymously sent them to Yahoo and SoftBank, letting them fight amongst themselves.

"Okay, let's do it this way!"

Sun Tongyu's tone was tinged with admiration. Sure enough, honest people can't handle Jack Ma.

Only a "great philanthropist" like Shen Mo could handle this!

"Be careful how you do it; don't alert them."

"Just deliver the evidence to the right people, and let Yahoo handle the rest."

Shen Mo smiled. Although complaining to foreigners was shady, high-level business battles always took place in a simple and unpretentious way.

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